Pengaruh Sustainability Reporting terhadap Nilai Perusahaan dengan Good Corporate Governance sebagai Variabel Moderasi pada Perusahaan yang Terdaftar di Bursa Efek Indonesia

This study aims to test the effect of Sustainability Reporting, Good Corporate Governance, and Dividend Policy on Firm Value in mining sector companies listed on the Indonesia Stock Exchange. In addition, this study also tests whether Financial Performance can mediate the effect of Sustainability Reporting, Good Corporate Governance, and Dividend Policy on Firm Value in mining sector companies listed on the Indonesia Stock Exchange. This type of research is causal associative research. The object of this research is 47 mining sector companies listed on the Indonesia Stock Exchange from 2015-to 2019. The sample was selected using the purposive sampling method, namely nine companies. The analytical method used in this research is multiple linear regression analysis and path analysis using SmartPLS software. The results of this study indicate that the variables Sustainability Reporting and Good Corporate Governance do not affect Firm Value. At the same time, the Dividend Policy has a positive and significant effect on Firm Value. The results also show that Financial Performance can mediate the impact of Sustainability Reporting and Good Corporate Governance on Firm Value. Then Financial Performance cannot mediate the effect of Dividend Policy on Firm Value. Keywords: Sustainability Reporting, Good Corporate Governance, Dividend Policy, Firm Value, Financial Performance.

This research aims to examine (1) the effect of carbon emission disclosure on firm value, (2) the effect of good corporate governance on firm value, (3) the mediating role of financial performance between carbon emission disclosure and firm value, and (4) the mediating role of financial performance between good corporate governance and firm value. The research sample includes 43 mining, agro, and manufacturing firms listed in the Indonesian Stock Exchange over the 2015-2017 period. Carbon emission disclosure is measured by an indicator of the Global Reporting Initiative Series of Environmental Aspect. Good corporate governance is measured by the corporate governance score of shareholder rights, boards of directors, outside directors, audit committee and internal auditor, and disclosure to investors. Financial performance is measured by return on assets, while firm value is measured by Tobin's Q. Data analysis uses the structural equation modeling. The result shows carbon emission disclosure and good corporate governance have no direct effect on firm value. On the other hand, financial performance mediates the effect of carbon emission disclosure and good corporate governance on firm value. It shows that higher carbon emission disclosure and good corporate governance are meaningless for the investor if they do not give any financial performance improvement.

The purpose of the study was to analyze the effect of Current Ratio, Net Profit Margin, and Good Corporate Governance on Company Value (Case Study on Infrastructure, Utilities, and Transportation Companies Listed on the Indonesia Stock Exchange). The research method used in this research is descriptive and verification methods, because of the variables that will be examined for their relationship and the aim is to present a structured, factual, and accurate picture of the facts and relationships between the variables studied, namely the influence of Current Ratio, Net Profit Margin, and Good Corporate Governance Against Corporate Value (Case Study on Infrastructure, Utilities, and Transportation Companies Listed on the Indonesia Stock Exchange). The study was conducted on Infrastructure, Utilities, and Transportation Sector Companies that are Listed on the Indonesia Stock Exchange with a total sample of 5 companies. The results showed that partially Current Ratio (CR) had a positive effect on increasing company value, Net Profit Margin (NPM) had an effect on increasing company value, Good Corporate Governance (GCG) had an effect on increasing company value. Simultaneously the current ratio, net profit margin, and good corporate governance significantly influence the value of the company. The coefficient of determination (Adjusted R2) shows that the contribution given by the variable of the current ratio, net profit margin, and good corporate governance to the value of the company is 96.2% while the remaining 3.8% is influenced by other factors not examined. The correlation coefficient shows that the correlation between the variables of the current ratio, net profit margin, and good corporate governance with the value of the company is positive 0.981. Correlation of 0.981 proves that the relationship between variables of current ratio, net profit margin, and good corporate governance with firm value is very strong. How to Cite this Article Pubmed Style Dedi Mulyadi, Sihabudin, Obsatar Sinaga. of Current Ratio, Net Profit Margin, and Good Corporate Governance against Company SRP. 2020; 11(1): 588-600. doi:10.5530/srp.2020.1.74 Web Style Dedi Mulyadi, Sihabudin, Obsatar Sinaga. of Current Ratio, Net Profit Margin, and Good Corporate Governance against Company http://www.sysrevpharm.org/?mno=86294 [Access: March 28, 2021]. doi:10.5530/srp.2020.1.74 AMA (American Medical Association) Style Dedi Mulyadi, Sihabudin, Obsatar Sinaga. of Current Ratio, Net Profit Margin, and Good Corporate Governance against Company SRP. 2020; 11(1): 588-600. doi:10.5530/srp.2020.1.74 Vancouver/ICMJE Style Dedi Mulyadi, Sihabudin, Obsatar Sinaga. of Current Ratio, Net Profit Margin, and Good Corporate Governance against Company SRP. (2020), [cited March 28, 2021]; 11(1): 588-600. doi:10.5530/srp.2020.1.74 Harvard Style Dedi Mulyadi, Sihabudin, Obsatar Sinaga (2020) of Current Ratio, Net Profit Margin, and Good Corporate Governance against Company SRP, 11 (1), 588-600. doi:10.5530/srp.2020.1.74 Turabian Style Dedi Mulyadi, Sihabudin, Obsatar Sinaga. 2020. of Current Ratio, Net Profit Margin, and Good Corporate Governance against Company Systematic Reviews in Pharmacy, 11 (1), 588-600. doi:10.5530/srp.2020.1.74 Chicago Style Dedi Mulyadi, Sihabudin, Obsatar Sinaga. Analysis of Current Ratio, Net Profit Margin, and Good Corporate Governance against Company Value. Systematic Reviews in Pharmacy 11 (2020), 588-600. doi:10.5530/srp.2020.1.74 MLA (The Modern Language Association) Style Dedi Mulyadi, Sihabudin, Obsatar Sinaga. Analysis of Current Ratio, Net Profit Margin, and Good Corporate Governance against Company Value. Systematic Reviews in Pharmacy 11.1 (2020), 588-600. Print. doi:10.5530/srp.2020.1.74 APA (American Psychological Association) Style Dedi Mulyadi, Sihabudin, Obsatar Sinaga (2020) of Current Ratio, Net Profit Margin, and Good Corporate Governance against Company Systematic Reviews in Pharmacy, 11 (1), 588-600. doi:10.5530/srp.2020.1.74

This study examines differences in firm value between the mining and energy sectors and investigates the impact of Environmental, Social, and Governance (ESG) and Good Corporate Governance (GCG) on firm value, with financial performance as a moderating variable. The sample consists of 24 mining and energy companies listed on the Indonesia Stock Exchange (IDX) from 2022 to 2024, resulting in 72 observations selected through purposive sampling. Data analysis used EViews and SPSS software applying multiple linear regression with panel data, Moderated Regression Analysis (MRA), and independent sample t-tests. Findings reveal that ESG negatively and significantly affects firm value, while GCG shows no significant impact. Financial performance does not moderate the relationships between ESG or GCG and firm value. The independent sample t-test shows no significant difference in firm value between the two sectors during the study period. These results suggest investors prioritize market conditions and financial fundamentals over non-financial disclosures, as governance and sustainability initiatives are yet to strongly influence firm value in these industries. The study contributes to corporate sustainability literature by emphasizing the limited role of ESG and governance in capital-intensive, regulated sectors, recommending future research to explore longer periods and additional moderating variables. Keywords: Good Corporate Governance; Environmental Social and Governance; Firm Value; Financial Performance

The purpose of this research was to determine : (1) the effect of board of directors on firm value, (2) the effect of independent board of commissioners on firm value, (3) the effect of corporate social responsibility on firm value, (4) the effect of good corporate governance and corporate social responsibility on firm value in LQ45 company listed in The Indonesian Stock Exchange on 2017-2020. 
 This study used LQ 45 companies listed on the Indonesian Stock Exchange in 2017-2020. The method used in this research is a quantitative method with a total of 29 companies. The sample of this research was determined by purposive sampling so that 29 companies were obtained as sample. The results simultaneously showed that good corporate governance and corporate social responsibility have an effect on firm value. Furthermore, the partial test results showed that good corporate governance with the indicators of board of directors had an effect on firm value, the independent board of commissioners had an effect on firm value, and corporate social responsibility were not proven to have an effect on firm value.
 Keywords: good corporate governance, board of directors, independent board of commissioners, corporate social responsibility, firm value

This study aims to determine the effect of intellectual capital and good corporate governance on firm value with financial performance as an intervening variable in High-IC Intensive companies listed on Indonesia Stock Exchange (IDX) in 2016-2019. The population in this study are Construction companies listed on the Indonesia Stock Exchange in 2016-2019. The sampling technique used in this research is purposive sapling. The analytical technique used in the research is Partial Least Square (PLS). The result of this study indicate that intellectual capital has no effect on financial performance. Good corporate governance has no effect on financial performance. Intellectual capital affects the value of the firm value. Good corporate Governance affects the value of the firm value. Fienancial performance has no effect on firm value. Financial performance is not able to mediatethe relationship between intellectual capital and firm value. Financial performance is not able to mediatethe relationship between good corporate governance and firm value.

The purpose of this research is to examine and analyze the influence of profitability, good corporate governance, and environmental disclosure on the firm value of mining companies listed on the Indonesia Stock Exchange. The research method utilized is descriptive research with a quantitative approach. The study population encompasses all mining companies registered on the Indonesia Stock Exchange (IDX) within the period from 2019 to 2022. In this study, a non-probability sampling technique was employed, specifically purposive sampling, resulting in a sample size of 72 from a span of 18 companies over 4 years. The variables under scrutiny include Return on Assets (ROA) as a measure of profitability, the proportion of independent board commissioners as an indicator of good corporate governance, the number of GRI disclosures as an indicator of environmental disclosure, and Tobin’s Q as a gauge of firm value. The analytical methodology and hypothesis testing were carried out using the Partial Least Square (PLS) method with SmartPLS 3.2.9 software. The PLS analysis consists of three stages: Outer Model, Inner Model, and Hypothesis Testing. The hypothesis testing results show that profitability has a significant impact on firm value, while good corporate governance and environmental disclosure do not exhibit a significant influence on firm value. These findings contribute to the understanding of how these factors interplay within the mining sector. However, this study has several limitations, including the variables used, the company's disclosures, and the limited period. Subsequent research can address these limitations and delve deeper into exploring the relationships of these variables or other variables with firm value.

This study examines and analyzes the effect of good corporate governance on the value of banking companies with financial performance as an intervening variable listed on the Indonesia Stock Exchange. The population in this study is the entire banking industry listed on the Indonesia Stock Exchange. The sampling technique used was the purposive sampling technique, namely the determination of the sample based on specific criteria. Based on the established standards, the number of samples obtained is 11 companies. The source of this research data is secondary data, in the form of annual reports of companies and good corporate governance (GCG) for the period 2018–202044444, which were obtained through the official websites of the Indonesia Stock Exchange (IDX) and the official websites of the various companies that were the research sample. The data collection technique is done by documentation. The data obtained will be analyzed by descriptive statistical analysis and using the Partial Least Square (PLS) approach. The results showed that good corporate governance negatively and significantly affects firm value. Meanwhile, good corporate governance positively and substantially affects financial performance. Meanwhile, economic performance has a positive and significant effect on firm value; good corporate governance has a positive and significant effect on firm value through financial performance

This study aims to determine the effect of liquidity, asset structure, and capital structure on firm value with profitability and good corporate governance (GCG) as intervening variables in non-cyclical consumer companies listed on the Indonesia Stock Exchange (IDX). The data collection technique used in this study is annual report documentation for 6 years starting from 2015- 2021 from Personal Care Product companies listed on the IDX, with a total sample of 5 companies selected through purposive sampling. The collected data were analyzed using Partial Least Squares (PLS) analysis, and the findings were interpreted using a path analysis approach. In conclusion, liquidity and asset structure have a negative relationship with profitability and firm value but have a positive relationship with GCG. On the other hand, capital structure has a negative relationship with profitability and GCG but has a positive relationship with firm value. Profitability has a positive relationship with firm value, while GCG has a negative relationship. Profitability and GCG have a negative relationship as intervening variables in the effect of liquidity and asset structure on firm value but have a positive relationship as intervening variables in the effect of capital structure on firm value.

The objective of this research is to investigate and to analyse the effect of good corporate governance and financial performance on firm value, with corporate social responsibility serving as a moderating variable in the manufacturing companies listed on Indonesia Stock Exchange from 2014 to 2019. This causal comparative research makes use of secondary data, which is analyzed using panel data regression analysis with the Eviews 10 application. The samples of 33 companies are drawn from a population of 171 using a purposive sampling method based on the criteria of manufacturing companies that consistently listed on the Indonesia Stock Exchange. The findings show that managerial ownership has a positive and insignificant effect on firm value, institutional ownership has a positive and significant impact, an independent commissioner has a positive and insignificant effect, an audit committee has a positive and insignificant effect, and financial performance has a positive and significant effect on firm value. Meanwhile, corporate social responsibility has a positive effect but is insignificant in moderating the relationship between good corporate governance and financial performance on firm value. Keywords: Good Corporate Governance, financial performance, firm value, Corporate Social Responsibility.

Firm Values of manufacturing company in Indonesia is influenced by various factors of financial and non-financial that can be measured using financial ratios, good governance, and social responsibility practices in the company. The purpose of this study was to analyze the effect of financial performance proxied by Profitability and Solvability, Good Corporate Governance (GCG), and Corporate Social Responsibility (CSR) on the firm value,with Investment Opportunity set (IOS) as a moderating variable. The firm value in this study was proxied by Tobins’q.The population of this research is manufacturing companywith chemical industry subsectors listed in the Indonesia Stock Exchange (BEI) in 2013-2015. The sampling method used is purposive sampling and acquired 31 companies in this sample. The analytical method used is moderating regression analysis.Based on the results of hypotheses testing, there wasSolvability and IOS had positive effect on firm value, while Profitability, GCG, and CSR had no effect on the firm value. The use of a moderating variable Investment Opportunity Set (IOS) is not able to strengthen the influence of profitability, solvability, GCG and CSR on the firm value.

This research aims to determine the effect of liquidity, profitability, good corporate governance and investment opportunity set on firm value in conventional and sharia stock index, namely is in Investor33 Indeks an Jakarta Islamic Index listed on the Indonesia Stock Exchange (IDX) for the 2017-2022 period. The sample selection used a purposive sampling technique, 21 samples of companies from 48 populations of Indeks Investor33 and 11 samples of companies from 53 populations of Jakarta Islamic Index. The data collection technique used was secondary data with data analysis technique using panel data regression analysis and using Eviews 10 software. The best model was obtained, namely is Fixed Effect Model (FEM). Based on the results of this research, it shows that partial liquidity has no effect on firm value in Investor33 Indeks and Jakarta Islamic Index. Profitability partially has a positive effect on the firm value in Investor33 Indeks, while profitability has no effect on the firm value of Jakarta Islamic Index. Good corporate governance partially has no effect on the firm value of Indeks Investor33, while good corporate governance has a positive effect on the firm value of Jakarta Islamic Index. Investment opportunity set partially has a positive effect on the firm value of in Investor33 Indeks and Jakarta Islamic Index. Apart from that, simultaneously liquidity, profitability, good corporate governance and investment opportunity set influence the firm value of in Investor33 Indeks and Jakarta Islamic Index. In this research, the firm value on the conventional and sharia stock indexes with the best performance on the IDX cannot be separated from other factors that can influence investors in assessing a company.

The purpose of this study was to determine and test the effect of profitability, firm size, dividend policy, and intellectual capital on the value of manufacturing companies in the food and beverage sub-sector listed on the Indonesia Stock Exchange and to test whether good corporate governance can moderate the relationship between the independent variables and the dependent variable. This research is causal research using secondary data. The population of this study is companies that are members of the food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange from 2011 to 2020. The method of determining the sample using purposive sampling was to obtain ten company samples multiplied by ten years of study so that 100 observational data were obtained. The analysis technique used in this study uses panel data regression analysis and moderating test with the EViews 10 software tool. The results of this study partially show that profitability has a negative and significant effect on firm value, firm size has a positive and significant impact on firm value, dividend on policy has a positive effect and significant to firm value, and intellectual capital has a negative and insignificant influence on firm value. A good corporate governance variable moderates the impact of dividend policy and intellectual capital on firm value and does not moderate the effect of profitability and firm size on firm value. Keywords: Profitability, Firm Size, Dividend Policy, Intellectual Capital, Good Corporate Governance, and Firm Value.

This study is about the value of the food and beverage sector manufacturing companies in the Indonesia Stock Exchange from 2013 to 2016. The objective is to analyze the effect of Profitability and Good Corporate Governance in mediating the effect of capital structure on firm value.
 Methods of data analysis using multiple regression and single test to test the hypothesis. The population in this research are food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange from 2016 to 2018. The sample in this study was selected through purposive sampling, so that a sample of 42 companies was obtained.
 The result of this research is that capital structure has a negative and significant effect on profitability. Capital structure has a positive and significant effect on Good Corporate Governance (GCG). Capital structure has a positive and significant effect on Firm Value. Profitability has a positive and significant effect on Firm Value. Good Corporate Governance (GCG) has a positive and insignificant effect on Company Value. Profitability cannot mediate the relationship between capital structure and firm value. Good Corporate Governance (GCG) cannot mediate the relationship between capital structure and firm value.

The purpose of this study was to determine the effect of tax avoidance and profitability on firm value with good corporate governance (GCG) as a moderating variable. The observed companies are manufacturing companies listed on the Indonesia Stock Exchange in 2018-2020. The number of samples used in the study were 77 companies with purposive sampling technique. The data analysis technique used is moderated regression analysis (MRA). The results showed that tax avoidance had no effect on firm value and good corporate governance (GCG) was unable to moderate the effect of tax avoidance on firm value. The study also found that profitability had a positive effect on firm value and good corporate governance (GCG) was able to strengthen the influence of profitability on firm value.
 Keywords: Firm Value; Good Corporate Governance; Profitability, Tax Avoidance.